For more than 30 years, PCS Debt Relief has been proud to help countless individuals achieve financial freedom. Our services include debt settlement solutions for credit card debt, consumer debt, business debt, and second mortgage debt relief.
If you’re a homeowner struggling with your mortgage, we can help. Many borrowers find themselves in a situation where they’re close to defaulting on their payments.
Just as with all our debt settlement services, we promise you no upfront fees, cancellation fees, monthly fees, and don’t require any payment until you see debt relief. We also offer you a free consultation to see if a second mortgage debt settlement is the right decision for you.
Why Should I Consider a Second Mortgage Settlement
If your home undergoes foreclosure, you still have to pay off the debt. Unlike your first mortgage, a second mortgage is unsecured if your home has no equity. As you probably already know, debt negatively impacts your overall credit.
But with a second mortgage settlement, you may be able to save the place you call home. Rather than giving up, settling the debt can help you avoid wage garnishments and potential liens on your other property.
How We Can Help
Home Equity Loans and Home Equity Lines of Credit are used to hold a home as collateral against debt if there is a chance of default. Borrowers may need our assistance with their Home Equity Loans and Home Equity Lines of Credit if they find that the amount they owe on their home for the first mortgage and second mortgage is higher than the market value of the home. This is what is called an “upside down” second mortgage – and it’s what puts homeowners at risk of defaulting on their mortgage payments.
What we do is negotiate on your behalf to convince creditors to accept less than the principal balance you owe on your loan.
You can even settle your second mortgage debt if your original mortgage is not in foreclosure. If the total equity you borrowed is higher than your home’s current market value, you may be eligible for second mortgage debt relief.
Second Mortgage Settlement Benefits
Assuming that a second mortgage settlement is the best choice for your situation, there are a few key benefits:
1. We can help you decrease the principal balance of your loan by up to 70%
2. Your credit score will improve once your debt-to-income ratio is decreased
3. Less worry about the future liability of your loan
If your home is close to foreclosure, contact one of our debt relief advisors today.
At PCS, our programs are tailored to the client’s specific financial needs. What sets us apart from our competitors is that clients see relief, before any payment is received. Our NO UP-FRONT FEE policy ensures our client’s a 100% satisfaction guarantee. We also do not charge any monthly fees or any cancellation fees. We want the client to feel comfortable during the whole process – that’s why we allow them to be part of it every step of the way.